Market Intelligence · FL / Tallahassee

Tallahassee, FL 32303 Housing Market

The typical home value in Tallahassee 32303 is $237,612, up 1.6% over the past year. The median list price sits at $244,975, with homes taking a median of 50 days to sell as of September 2026.

Updated September 2026Median value$238K

The median home value in Tallahassee, FL 32303 is $238K as of September 2026, up 1.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 32303 range

$219K to $257K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.6% over 12 months

Typical home value in 32303 over the last 12 months: $234K in Sep 2025 to $238K in Sep 2026 (+1.6%).

Sep 2025$234K

Sep 2026$238K

The numbers

What is the 32303 housing market like?

Typical home value

$238K

Up1.6%YoY

Median list price

$245K

Down2.0%MoM

Days on market

50

Up8.7%MoM

Homes for sale

194

Up1.0%MoM

Price cuts

19.6%

Down9.5%MoM

New listings

62

Down8.8%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

32303 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 32303 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 32303 rose 1.6%, per the Zillow Home Value Index.

Will home prices drop in 32303?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 32303 to stay roughly flat by September 2027 (up 0.1%), after a 1.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 32303 home prices compare?

  • 32303$237,612
  • Tallahassee$282,161
  • Florida$344,436
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Tallahassee: 10 ZIPs; Florida: 923 ZIPs; United States: 26,262 ZIPs).

Context

There are 194 homes for sale in 32303 as of September 2026, with 62 new listings entering the market that same month. The median time on market is 50 days. Price cuts have appeared on 19.6% of listings, a sign that some sellers are adjusting expectations in a slower-moving market. Homes are still gaining value, but the pace of sales suggests you should be realistic about pricing and marketing if you decide to sell.

Monthly payment

Estimate your monthly payment.

20% · $47,522

Common questions

What people ask us.

What is the typical home value in Tallahassee 32303?

The typical home value is $237,612 as of September 2026, up 1.6% over the past year.

How long do homes stay on the market in 32303?

The median days on market is 50 as of September 2026.

How many homes are currently for sale in 32303?

There are 194 homes for sale as of September 2026, with 62 new listings that month.

Discover

Nearby ZIP markets.

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Guides for sellers.